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>I thankfully don't get double-taxed here in Canada I bet many of your fellow Canadian taxpayers (of which I am one) are not so thankful for this arrangement.

>I thankfully don't get double-taxed here in Canada I bet many of your fellow Canadian taxpayers (of which I am one) are not so thankful for this arrangement. Then again, I fall strictly in the "citizenship is a privilege, not a right" camp.

microcolonel 7y ago
> I bet many of your fellow Canadian taxpayers (of which I am one) are not so thankful for this arrangement. Well, I pay absolutely all Canadian taxes to the full extent, and I can't make use of TFSAs; what do my fellow Canadians have any right to complain about? > Then again, I fall strictly in the "citizenship is a privilege, not a right" camp. Well, I am a citizen, and I've lived in Canada my whole life.
- navigatesol 7y ago
  You claimed to be thankful for not being "double-taxed", from which I inferred you're a Canadian, living abroad, "thankfully" not contributing to the roads, schools and hospitals of this country from you which, once can assume, you hope to extract benefit from in the future. If you're a Canadian who lives in Canada and pays Canadian taxes, there's no controversy.
  - microcolonel 7y ago
    > You claimed to be thankful for not being "double-taxed", from which I inferred you're a Canadian It's not "double-taxed", it's double-taxed. The U.S. system in fact makes it possible for the same income to be taxed twice at the full rate. And you didn't need to infer that I'm Canadian, I said it right in my comment. I'm thankful I'm covered by the Canadian agreements, which allow me to credit my Canadian tax payments against (most of) my U.S. tax liability. I still have to file taxes in the U.S. like every other U.S. citizen, I still have to file FBARs with FinCEN like every U.S. citizen. I still have to pay Canadian taxes like everyone else who makes Canadian-source income, I still must pay the OHP like every Ontarian, I still must pay into CPP even though I may never be able to take it. Even if I didn't make Canadian-source income I would still be paying property taxes either directly or indirectly, paying sales taxes every time I bought something other than groceries, and that's where the roads and the schools get their money; though because of some combination of my personality and the quality of the schools I never did get more than primary school out of the system here before I left to work and began paying net taxes in my second year of full time employment. I don't know why you're being so hostile. If somehow this arrangement allowed me to not pay taxes lawfully, how would that be my fault? It would be all of ours. Frankly it's appalling that they manage to make things cost enough to justify these taxes, especially as every Canadian sees these obscene transfers of wealth from every taxpayer to Bombardier, the leniency extended to SNC Lavalin, the "equalization" process by which unproductive Canadians feast on productive ones for the privilege of living in equal comfort without ever considering moving for work; but I do pay them, you're welcome.
icebraining 7y ago
The no-double-tax scheme means they still pay all their Canadian taxes, it's the US that discounts an amount in their tax calculations.

microcolonel 7y ago

> I bet many of your fellow Canadian taxpayers (of which I am one) are not so thankful for this arrangement. Well, I pay absolutely all Canadian taxes to the full extent, and I can't make use of TFSAs; what do my fellow Canadians have any right to complain about? > Then again, I fall strictly in the "citizenship is a privilege, not a right" camp. Well, I am a citizen, and I've lived in Canada my whole life.

navigatesol 7y ago
You claimed to be thankful for not being "double-taxed", from which I inferred you're a Canadian, living abroad, "thankfully" not contributing to the roads, schools and hospitals of this country from you which, once can assume, you hope to extract benefit from in the future. If you're a Canadian who lives in Canada and pays Canadian taxes, there's no controversy.
- microcolonel 7y ago
  > You claimed to be thankful for not being "double-taxed", from which I inferred you're a Canadian It's not "double-taxed", it's double-taxed. The U.S. system in fact makes it possible for the same income to be taxed twice at the full rate. And you didn't need to infer that I'm Canadian, I said it right in my comment. I'm thankful I'm covered by the Canadian agreements, which allow me to credit my Canadian tax payments against (most of) my U.S. tax liability. I still have to file taxes in the U.S. like every other U.S. citizen, I still have to file FBARs with FinCEN like every U.S. citizen. I still have to pay Canadian taxes like everyone else who makes Canadian-source income, I still must pay the OHP like every Ontarian, I still must pay into CPP even though I may never be able to take it. Even if I didn't make Canadian-source income I would still be paying property taxes either directly or indirectly, paying sales taxes every time I bought something other than groceries, and that's where the roads and the schools get their money; though because of some combination of my personality and the quality of the schools I never did get more than primary school out of the system here before I left to work and began paying net taxes in my second year of full time employment. I don't know why you're being so hostile. If somehow this arrangement allowed me to not pay taxes lawfully, how would that be my fault? It would be all of ours. Frankly it's appalling that they manage to make things cost enough to justify these taxes, especially as every Canadian sees these obscene transfers of wealth from every taxpayer to Bombardier, the leniency extended to SNC Lavalin, the "equalization" process by which unproductive Canadians feast on productive ones for the privilege of living in equal comfort without ever considering moving for work; but I do pay them, you're welcome.

icebraining 7y ago

The no-double-tax scheme means they still pay all their Canadian taxes, it's the US that discounts an amount in their tax calculations.